Turtle Creek Wealth Advisors LLC Makes New Investment in Vanguard Total Bond Market ETF $BND

Turtle Creek Wealth Advisors LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,491 shares of the company’s stock, valued at approximately $699,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. DiPaolo Financial Group Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $1,506,000. Armstrong Advisory Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after purchasing an additional 46,340 shares during the period. Flower City Capital acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth $690,000. Five Pine Wealth Management increased its stake in Vanguard Total Bond Market ETF by 5.0% during the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after purchasing an additional 14,798 shares during the last quarter. Finally, Vestment Financial LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at $1,168,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.11 on Friday. The company’s fifty day moving average is $73.25 and its two-hundred day moving average is $73.81. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.2445 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.